Stonebrook Private Inc. Has $109,000 Holdings in Ford Motor (NYSE:F)

Stonebrook Private Inc. lessened its stake in Ford Motor (NYSE:F) by 13.3% in the 4th quarter, HoldingsChannel reports. The fund owned 11,037 shares of the auto manufacturer’s stock after selling 1,689 shares during the quarter. Stonebrook Private Inc.’s holdings in Ford Motor were worth $109,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in F. Vanguard Group Inc. grew its position in shares of Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock worth $3,980,630,000 after buying an additional 57,182,803 shares during the period. Norges Bank acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $387,282,000. Jacobs Levy Equity Management Inc. grew its position in shares of Ford Motor by 88.0% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer’s stock worth $222,872,000 after buying an additional 10,535,335 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after buying an additional 6,497,321 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer’s stock worth $460,444,000 after buying an additional 4,925,993 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Sanford C. Bernstein lowered shares of Ford Motor from a “market perform” rating to an “underperform” rating and reduced their price objective for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Barclays lifted their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 6th. Royal Bank of Canada reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. The Goldman Sachs Group lifted their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 6th. Finally, StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, May 14th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has an average rating of “Hold” and an average target price of $10.00.

Ford Motor Stock Performance

Shares of F stock opened at $10.80 on Monday. The company’s fifty day simple moving average is $9.90 and its 200-day simple moving average is $10.05. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The firm has a market cap of $42.79 billion, a PE ratio of 7.39, a P/E/G ratio of 0.61 and a beta of 1.53. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The firm’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 earnings per share. Equities research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date is Monday, May 12th. Ford Motor’s dividend payout ratio is presently 48.00%.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.